Wednesday
May062026

Irrational Exuberance anyone?

The Case Shiller Index is 5% away from its record high created by the Tech-bubble. Investors watch out!  It is a matter of when, not if, the market corrects.  

 Shiller PE Ratio - Multpl

Monday
May042026

Carney's Cash

Canada commits $270M to Ukraine: “The money will go toward buying items from a NATO list, and brings Canada's total monetary support for Ukraine to $25.8 billion.”

Do Liberal voters seriously believe Carney Marx cares about Canada? He doesn’t.  His priorities are himself first. Brookfield second. Then Europe. Then Wall Street. Then the World Economic Forum. And then his only love of Canada,  hockey.  

Is Carney donating our tax dollars to the Ukraine military to protect Brookfield assets in Ukraine? It isn't conspiratory to suggest he his. Westinghouse is an energy company owned by Brookfield. "Westinghouse and Energoatom have signed agreements to produce nuclear fuel domestically in Ukraine and to deploy AP1000 reactors, strengthening Ukraine’s energy independence."

The Liberals have donated over $25 billion to Ukraine over the past four years (Carney consulted Trudeau between 2021 and becoming Prime Minister) while our  standard of living deteriorated. 

Westinghouse and Energoatom Reinforce Ukraine’s Energy Independence with Partnership for Fuel Assembly Capability

Canada commits $270M to Ukraine as Carney addresses European summit in Armenia

Monday
May042026

Berkshire Hathaway still finds no value in the market!

"By quarter's end, Berkshire's total cash position had swelled to over $397 billion, advancing from the $373 billion on its books when 2025 closed."

Earnings will climb fast once the cash stockpile is put to work.  This remains the main reason I have made purchases in the B Class.

Berkshire Hathaway Q1 2026 earnings: Greg Abel's first quarter

Friday
May012026

Carney's Cash.

True story!  Carney Marx announced how it is a priority of his to build a supply of trades people for his Build Canada Strong pipedream.  Meanwhile his government is spending $213,000 to train folks in Grenada for their hospitality industry rather than Canadians for our own. If Liberals do not want to spend the money on our failing economy, then at least give the money to the food banks who cannot keep up with demand. 

It is good to see we are maintaining virtue signalling overseas with its mandate of 'conducting gender sensitivity, workplace inclusion, and environmental sustainability sessions'.

__________________________________________

Work and Learn: hospitality apprenticeship programme

Grants and Contributions

 

Title: Work and Learn: hospitality apprenticeship programme
Agreement Number: 7474259 P017276001
Agreement Value: $213,743.00
Agreement Date: Feb 10, 2026 - Jun 30, 2027
Description:
"This project aims to increase the employability and socio economic well being of young people in Grenada by equipping them with industry recognized skills and practical experience in the hospitality sector." 

 

Wednesday
Apr292026

Canada Strong Fund: $25-Billion Sovereign Wealth Fund(SWF) Announced

The Carney Marx Method:  Issue national debt to invest in a few private enterprises while offering them principal protection backed by the gullible Canadian taxpayer.  Brookfield and Carney Marx will profit handsomely acting as fund manager and via the numerous companies hired by the Carney Marx party to carryout the projects. 

"The Canada Strong Fund is a significant initiative by the Canadian government aimed at investing in nation-building projects across various sectors, including energy, critical minerals, agriculture, and infrastructure. The fund is structured to invest alongside private capital and is designed to provide Canadians with a direct stake in the Build Canada agenda. The funds retail investment product is still being designed, with principal protection as one of the announced design features. This structure is expected to provide a market-linked GIC or a guaranteed equity-linked note, offering principal protection alongside share in the upside." www.cbc.ca

In the real world a SWF is a state-owned investment fund that governments use to invest surplus revenues and other financial reserves.  Because Canada has neither, the above does not qualify as one. What Is a Sovereign Wealth Fund? Definition & Examples | Britannica Money